Tcs Q1 Revenues
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TCS Slips After Profit In June Quarter Declines Marginally
TCS's revenue from operations advanced 4 per cent sequentially to Rs 45,411 crore as against Rs 43,705 crore in the previous quarter.
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TCS Profit Drops 13% In June Quarter, Misses Analysts' Estimates
Tata Consultancy Services (TCS) said its revenue in constant currency terms declined 6.3 per cent on a year-on-year basis.
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TCS Reports Net Profit Of Rs 7,340 Crore In June Quarter, Beats Analysts' Estimates
Net profit grew about 24 per cent on a year-on-year basis compared to the June quarter last year, helped by strong growth in its banking, financial services and insurance division. Analysts, on average, had expected a consolidated net profit of Rs 6,983 crore, according to Thomson Reuters data.TCS, the country's largest IT services exporter, said i...
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TCS To Kick Off April-June Earnings Season Today: What To Expect
TCS or Tata Consultancy Services is set to kick off the Q1 corporate earnings seasons by announcing its earnings post-market hours today.
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TCS Net Profit Falls 10% To Rs 5,945 Crore In June Quarter
TCS' operating margin fell to 23.4 per cent in June quarter from 25.7 per cent in March quarter.
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TCS Reports Net Profit Of Rs 5,945 Crore In Q1
TCS reported net profit of Rs 5,945 crore in June quarter on revenues of Rs 29,584 crore.
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Employee Attrition At Infosys, TCS Moves In Opposite Direction In Q1
Infosys disappointed investors as it missed first quarter earnings estimates last week. The slower-than-expected rise in revenue (up 2.2 per cent/1.7 per cent quarter-on-quarter in US dollar/constant currency terms) forced Infosys to revise down its annual sales forecast, leading to a carnage in its shares on Friday.
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Infosys Q1 Profit Seen At Rs 3,435 Crore, Dollar Revenue May Rise 4.1%
Infosys, India's second largest outsourcer, is expected to report a net profit of Rs 3,435 crore on sales of Rs 17,028 crore in the June quarter, according to analysts polled by NDTV Profit. Infosys numbers come a day after TCS, India's biggest outsourcer, reported better-than-expected profit in Q1.
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TCS Beats Estimates Again, Net Profit Rises To Rs 6,317 Crore
Tata Consultancy Services on Thursday posted a net profit of Rs 6,317 crore on sales of Rs 29,305 crore in the June quarter, beating Street estimates.
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Accenture Off To Strong Start, But It's Not All Good News for TCS, Infosys
Accenture surprised in its first (November) quarter by reporting better-than-expected revenue growth and raising its 2016 constant currency revenue growth forecast to 6-9 per cent from 5-8 per cent. The development should have lifted domestic IT stocks as Accenture's strong Q1 results comes across as a reflection of rising demand for IT services. H...
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TCS Q1: Brokerages Give Thumbs-Up Despite Mixed Earnings
Tata Consultancy Services missed revenue growth estimates in the June quarter, but India's biggest outsourcer beat profitability estimates.
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With 12.5% Pie, Digital Fastest Growing Income Stream: TCS
Tata Consultancy Services (TCS), India's largest software firm, on Thursday said the digital segment is its fastest growing revenue stream, accounting for 12.5 per cent of the overall sales of the IT giant, which sounded confident of surpassing the $5-billion target in the segment over the next five years.
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TCS Disappoints on Revenue Front, But Margins Beat Estimates in Q1
Tata Consultancy Services on Thursday disappointed the Street for the fourth straight quarter as revenues missed estimates. India's biggest outsourcer reported consolidated revenue of $4,036 million against brokers' poll of $4,054 million in the June quarter.
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Wipro Sinks 8% as Q1 Growth Lags Infosys, TCS
Traders, however, pointed that Wipro's revenues growth paled in comparision to Infosys' 2 per cent sequential dollar revenue growth and TCS' stupendous 5.5 per cent sequential growth. The June quarter is traditionally considered to be a strong one for outsourcers.
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Infosys Leads IT Rally Ahead of Q1 Results
The June quarter is considered to be seasonally strong for outsourcers because most clients firm up their IT budgets by March after which new orders begin to flow. According to Nomura, tier-1 IT companies (TCS, Cognizant, Infosys, Wipro, HCL Tech and Tech Mahindra) are likely to post sequential average revenue growth of 3.4 per cent (in dollar term...
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TCS Slips After Profit In June Quarter Declines Marginally
TCS's revenue from operations advanced 4 per cent sequentially to Rs 45,411 crore as against Rs 43,705 crore in the previous quarter.
-
TCS Profit Drops 13% In June Quarter, Misses Analysts' Estimates
Tata Consultancy Services (TCS) said its revenue in constant currency terms declined 6.3 per cent on a year-on-year basis.
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TCS Reports Net Profit Of Rs 7,340 Crore In June Quarter, Beats Analysts' Estimates
Net profit grew about 24 per cent on a year-on-year basis compared to the June quarter last year, helped by strong growth in its banking, financial services and insurance division. Analysts, on average, had expected a consolidated net profit of Rs 6,983 crore, according to Thomson Reuters data.TCS, the country's largest IT services exporter, said i...
-
TCS To Kick Off April-June Earnings Season Today: What To Expect
TCS or Tata Consultancy Services is set to kick off the Q1 corporate earnings seasons by announcing its earnings post-market hours today.
-
TCS Net Profit Falls 10% To Rs 5,945 Crore In June Quarter
TCS' operating margin fell to 23.4 per cent in June quarter from 25.7 per cent in March quarter.
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TCS Reports Net Profit Of Rs 5,945 Crore In Q1
TCS reported net profit of Rs 5,945 crore in June quarter on revenues of Rs 29,584 crore.
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Employee Attrition At Infosys, TCS Moves In Opposite Direction In Q1
Infosys disappointed investors as it missed first quarter earnings estimates last week. The slower-than-expected rise in revenue (up 2.2 per cent/1.7 per cent quarter-on-quarter in US dollar/constant currency terms) forced Infosys to revise down its annual sales forecast, leading to a carnage in its shares on Friday.
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Infosys Q1 Profit Seen At Rs 3,435 Crore, Dollar Revenue May Rise 4.1%
Infosys, India's second largest outsourcer, is expected to report a net profit of Rs 3,435 crore on sales of Rs 17,028 crore in the June quarter, according to analysts polled by NDTV Profit. Infosys numbers come a day after TCS, India's biggest outsourcer, reported better-than-expected profit in Q1.
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TCS Beats Estimates Again, Net Profit Rises To Rs 6,317 Crore
Tata Consultancy Services on Thursday posted a net profit of Rs 6,317 crore on sales of Rs 29,305 crore in the June quarter, beating Street estimates.
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Accenture Off To Strong Start, But It's Not All Good News for TCS, Infosys
Accenture surprised in its first (November) quarter by reporting better-than-expected revenue growth and raising its 2016 constant currency revenue growth forecast to 6-9 per cent from 5-8 per cent. The development should have lifted domestic IT stocks as Accenture's strong Q1 results comes across as a reflection of rising demand for IT services. H...
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TCS Q1: Brokerages Give Thumbs-Up Despite Mixed Earnings
Tata Consultancy Services missed revenue growth estimates in the June quarter, but India's biggest outsourcer beat profitability estimates.
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With 12.5% Pie, Digital Fastest Growing Income Stream: TCS
Tata Consultancy Services (TCS), India's largest software firm, on Thursday said the digital segment is its fastest growing revenue stream, accounting for 12.5 per cent of the overall sales of the IT giant, which sounded confident of surpassing the $5-billion target in the segment over the next five years.
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TCS Disappoints on Revenue Front, But Margins Beat Estimates in Q1
Tata Consultancy Services on Thursday disappointed the Street for the fourth straight quarter as revenues missed estimates. India's biggest outsourcer reported consolidated revenue of $4,036 million against brokers' poll of $4,054 million in the June quarter.
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Wipro Sinks 8% as Q1 Growth Lags Infosys, TCS
Traders, however, pointed that Wipro's revenues growth paled in comparision to Infosys' 2 per cent sequential dollar revenue growth and TCS' stupendous 5.5 per cent sequential growth. The June quarter is traditionally considered to be a strong one for outsourcers.
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Infosys Leads IT Rally Ahead of Q1 Results
The June quarter is considered to be seasonally strong for outsourcers because most clients firm up their IT budgets by March after which new orders begin to flow. According to Nomura, tier-1 IT companies (TCS, Cognizant, Infosys, Wipro, HCL Tech and Tech Mahindra) are likely to post sequential average revenue growth of 3.4 per cent (in dollar term...
